Bitcoin finally woke the fuck up and broke through 50K – the bull is back and angry as fuck.
1 min read
Okay, so after 4/5 attempts this past 10 days, Grandpa finally decided to make the bears weep.
It was more than likely than we’d go up instead of back down, but that crabbing lasted a fair while. It was only after seeing what happened with LRC, MATIC, CRO, AVAX and LUNA over the past few days that it was becoming clear a stable bottom ($48K) had been reached.
So now two paths lie ahead: a brand new run beginning this weekend and lasting until at least mid January (credit bills landing, etc) before resuming after Valentine’s Day, or a return to 47K and more crabbing.
My money is on 50K+ for one reason more than any other: 2022 will be THE year that mass adoption becomes reality.
What do you folks think?
submitted by /u/sandygws
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